1860 500, Salt Lake City, UT 84116
2BD/—BA Residential in Salt Lake City, UT 84116. 814 sqft. Built 1973. Listed at $214,900. MLS #2155294.
2BD/—BA Residential in Salt Lake City, UT 84116. 814 sqft. Built 1973. Listed at $214,900. MLS #2155294.
Clean, move-in ready 2-bedroom condo with fresh interior paint, newer flooring, and an updated bathroom. Comfortable, functional layout with all appliances included, plus a new kitchen faucet and smart thermostat. HOA covers water, sewer, trash, and exterior maintenance, helping keep ownership simple and predictable. Conveniently located near I-15 with quick access to downtown Salt Lake, the airport, parks, and local events. Easy to maintain and ready for its next owner. Square footage figures are provided as a courtesy estimate only and were obtained from public record. Buyer is advised to obtain an independent measurement and verify all information.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Main Level
Stories
1
Subdivision
WOOD CREST CONDOMINIUM PHASE 2
County
Salt Lake
Construction
Brick
Lot Size
0.01 sq ft
Above Grade Area
814 sq ft
Condition
Blt./Standing
MLS #
2155294
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Main Level
Stories
1
Subdivision
WOOD CREST CONDOMINIUM PHASE 2
County
Salt Lake
Construction
Brick
Lot Size
0.01 sq ft
Above Grade Area
814 sq ft
Condition
Blt./Standing
MLS #
2155294
List Price
$214,900
HOA Fees
$327 / Monthly
Annual Taxes
$1,166
Home Warranty
No
List Price
$214,900
HOA Fees
$327 / Monthly
Annual Taxes
$1,166
Home Warranty
No
Heating
Forced Air
Cooling
Central Air
Flooring
Carpet,Laminate,Tile
Basement
None
Materials
Brick
Laundry
Electric Dryer Hookup,Gas Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected
Heating
Forced Air
Cooling
Central Air
Flooring
Carpet,Laminate,Tile
Basement
None
Materials
Brick
Laundry
Electric Dryer Hookup,Gas Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected
Covered Spaces
1
Total Parking
1
Covered Spaces
1
Total Parking
1
Classification
Standard
Deal Score
45/100
vs Similar Homes
2% above
vs Market Median
25% above
Area Growth (YoY)
4.2%
Deal Score Breakdown
45/100
4.2% year-over-year ZHVI growth in this area
Priced 2% above the median of similar listings
Priced 25% above the per-subtype city median
LT net cashflow -$581/mo (-32.3% return on ownership cost) · STR net cashflow -$1,226/mo (-68.2% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
No price reduction from original list
Ensemble scoring: the best single signal sets the floor, secondary qualifying signals (≥60) each add 5 points up to +20. A home that strongly wins on one dimension is already a great deal — it doesn't need to tick every box.
Why this classification
Monthly Rent
$1,384/mo
Range: $505 – $2,263
Net Monthly Cash Flow
−$580 /mo (−$6,966/yr)
Monthly rental income
Monthly ownership cost
Coverage
77%
Net /mo
−$581
DSCR
1.12
Est. Annual Revenue
$9,807/yr
$154/night · 54% occupancy · $58/bedroom · $0.09/sqft
Net Monthly Cash Flow
−$1,225 /mo (−$14,703/yr)
Monthly STR income
Monthly ownership cost
Coverage
45%
Net /mo
−$1,226
DSCR
0.53
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
13
Available Providers
$575,000
-63% vs median
55 days
621
$184,000 – $7,995,000
$1,166
$327/monthly
High Crime
28.7
per 1,000
83.9
per 1,000
34.5
per 1,000
147.1
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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